Currency Will Continue To Be Positive For IT: Bhavin Shah

Oct 10 2013

October 10: Referring to the currency volatility, Bhavin Shah, MD & CEO at Equirus Securities, says some companies went for fancy measures like range options and you’ll see the impact of this in the second quarter. Rupee at 60-62 levels is still positive for IT companies, he says, adding that we may see better spending by IT companies on the back of a robust US economic recovery.